MCQs - 2026-06

The primary objective of RBI's enhanced cybersecurity framework is to fortify the financial system against evolving cyber threats and ensure the safety and security of customer data.

Mudra loans provide crucial financial support to small entrepreneurs, enabling them to start new ventures or expand existing ones, which directly leads to the creation of new jobs and boosts overall employment.

Mudra loans are specifically designed to provide credit to Micro, Small, and Medium Enterprises (MSMEs), especially those in the non-corporate, non-farm sector, to foster entrepreneurship and generate employment.

The 'Tarun' category under PMMY provides loans above ₹5 lakh and up to ₹10 lakh, targeting established micro-enterprises looking for expansion.

The primary objective of PMMY is to provide financial support to small entrepreneurs by offering loans to non-corporate, non-farm small/micro-enterprises, thereby promoting self-employment and economic growth.

The three product categories under PMMY are Shishu (loans up to ₹50,000), Kishor (loans above ₹50,000 and up to ₹5 lakh), and Tarun (loans above ₹5 lakh and up to ₹10 lakh). Yuva is not a category.

Pradhan Mantri Mudra Yojana (PMMY) was launched by Prime Minister Narendra Modi on April 8, 2015, to provide loans to non-corporate, non-farm small/micro-enterprises.

The Food and Agriculture Organization (FAO) of the United Nations established World Milk Day in 2001.

The 2026 edition of World Milk Day emphasizes the importance of sustainable practices within the dairy sector.

World Milk Day is observed on June 1 every year to recognize the importance of milk as a global food.